A Northern California business owner paid $11.25 million for a Henderson mansion.
Las Vegas’ housing market is “on fire” despite the coronavirus pandemic’s devastating effect on the economy, as sales totals surged and prices hit another all-time high last month. (Michael Quine/Las Vegas Review-Journal)
Andrew Fonfa, a developer of the Lucky Dragon hotel-casino just off the Las Vegas Strip, died at age 68.
Las Vegas house prices hit an all-time high in June and sales totals surged from the prior month, a new report says, indicating the market rebounded as locals went back to work.
The developer of an Amazon warehouse in North Las Vegas has sold the building for $110 million.
This is the priciest real estate sale in Southern Nevada since the coronavirus pandemic hit, records show.
Review-Journal real estate reporter Eli Segall speaks with Renee Summerour about a California developer’s plan to help revamp the south Las Vegas Strip. (Renee Summerour/Las Vegas Review-Journal)
A few months after the Blackstone Group bought the Bellagio for more than $4 billion, it has partnered with MGM Resorts on a deal to acquire two other Las Vegas Strip properties. (Michael Quine/Las Vegas Review-Journal)
A your of the Palms Place penthouse that was sold for $12.5 million and is available for renters mid Nov. 2019. (Elizabeth Brumley/Las Vegas Review-journal)
The median sales price of previously owned single-family homes – the bulk of the market – was $310,000 in September. Before the economy crashed last decade, prices peaked in June 2006 at $315,000, according to the Greater Las Vegas Association of Realtors.(Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfaye
The Blackstone Group, who purchased The Cosmopolitan of Las Vegas and the Hughes Center office park, is reportedly looking to buy and lease back the MGM Grand and the Bellagio. (Heidi Fang/Las Vegas Review-Journal)
Originally built in 1966, this Midcentury Remodel has been modernized to appeal to the masses. The larger than life windows brighten up the entire home and offer brilliant views of the nearby mountains and golf course.
Golden Knights goaltender Marc-Andre Fleury has sold his custom home Southern Highlands home in Las Vegas for $2.3 million.
27 Shadow Canyon is a $5.5 million dollar home is 9,825 square-feet with six bedrooms and 7 baths. Shadow Canyon is equipped with an assortment of Tesla Amenities including power walls, solar panels, and an electric car.
Various RV owners living in the community of the Las Vegas Motorcoach Resorts gives the crew a tour of their motor homes.
Jim Rhodes has created the most expensive home on the market in Las Vegas. The home is listed at $29,995,000, 9,798 sq. ft., 8 Bedrooms, 8 Full Baths, 2 Half Baths and has 360-degree views of the Las Vegas Strip.
Golden Knights goalie Marc-Andre Fleury has put his custom Southern Highlands home on the market for $2.5 million. The single-story home, built on a .63-acre lot in 2015, measures 5,285 square feet and has a 717-square-foot casita and three-car garage. It has five bedrooms and six baths. Fleury bought the home from former NHL player and fellow Canadian Sheldon Souray, according to public records. When he signed his three-year, $25M contract extension over the summer, Fleury told the media he and his family love Las Vegas and cited its great schools and neighborhoods with a lot of things for kids to do. Fleury said he and his family love their home in Southern Highlands, but wanted to be “closer to the Summerlin area.” Home photos courtesy of Ivan Sher Group
Golden Knights goalie Marc-Andre Fleury has put his custom Southern Highlands home on the market for $2.5 million. The single-story home, built on a .63-acre lot in 2015, measures 5,285 square feet and has a 717-square-foot casita and three-car garage. It has five bedrooms and six baths. Fleury bought the home from former NHL player and fellow Canadian Sheldon Souray, according to public records. When he signed his three-year, $25M contract extension over the summer, Fleury told the media he and his family love Las Vegas and cited its great schools and neighborhoods with a lot of things for kids to do. Fleury said he and his family love their home in Southern Highlands, but wanted to be “closer to the Summerlin area.” Home photos courtesy of Ivan Sher Group
On Rainbow Boulevard at Cheyenne Avenue, a strip mall and the apartment complex next door reflect the state of things in commercial real estate. The strip mall, Cheyenne Commons, was foreclosed on last year and has plenty of tenants but also several vacancies. The neighboring apartment complex, The Grove, has soared in value. It sold for $34.5 million in November, after trading for $19.5 million just two years ago.
Land around the Las Vegas stadium site has been selling for high prices. A few months before the stadium’s groundbreaking, Global Trust Group acquired a 2.5-acre parcel just north of the stadium site. The property sold for $7.25 million, or $2.9 million an acre. Osprey Real Estate Capital and Huntington Hotel Group acquired a 2-acre industrial site just west of the stadium site in late November. The property sold for $6.5 million, or $3.15 million per acre. That’s roughly 12 times the average price of land in the valley this year as tracked by Colliers International.
At $10.5 million, the property at 8101 O’Bannon Drive is in the top five most expensive homes in the Las Vegas Valley. (Rachel Aston/Las Vegas Review-Journal)
The Nobu Hotel, located inside Caesars Palace, has a luxury villa that will cost you $35,000 a night. (Mat Luschek/Las Vegas Review-Journal)
Toll Brothers purchased of 128 acres of property near Mesa Park Drive and Town Center Drive will be used for a housing development. (Michael Quine/Las Vegas Review-Journal)
Real Estate reporter Eli Segall sits down with Las Vegas Division President for Pardee Homes, Klif Andrews to discuss the latest with residential construction.
Las Vegas home prices are rising at one of the fastest rates in the country, availability has plunged, and homebuilders are fetching record prices. Applied Analysis co-owner Brian Gordon speaks about this and more, including which parts of the valley have the fastest-rising and overall highest prices, and the housing market’s strengths and weaknesses.
Overlooking the second hole of the Rio Secco golf course within the community of Marquis Seven Hills is a modern masterpiece of light and architectural artistry. Designed by the award-winning Blue Heron design team, the home known as The Aurora Estate adorns the likes of the most noteworthy LED displays and lighting projects from around the world. XLED Systems founder and mastermind behind the world-renowned Freemont Street Experience, Hong Kong’s Disneyland Storybook Theater and the larger-than-life concert stages of Justin Bieber, Keith Urban and the Foo Fighters (to name a few)—brings light and magic to the hills of this private and highly desirable gated community. The combination of the 133” custom HD/LED Digital Display, 150+ interior/exterior lights and 34 indoor/outdoor surround sound speakers bring a unique ambiance and entertainment level to the home. Other spectacular bonus features include a 1,200 SQFT pool, therapy spa, wet step lounge, $100K+ full Crestron system in-sync with Amazon’s Alexa, 9 security cameras and panic room.
The underground house at 3970 Spencer Street is one of the valley’s most unusual homes built 26 feet underground in 1978 by Girard “Jerry” B. Henderson, who, planned to survive the end of the world there.
Las Vegas Review-Journal real estate reporter Eli Segall says flipping houses has waned in popularity after the housing bubble burst.